BabyBoomer50s
Capitalist
- Joined
- Nov 27, 2018
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This thread is primarily for California taxpayers but everyone is welcome to follow along. If you live in California, November represents the most impactful and consequential state election in over 45 years. Residents should do their own homework on the tax ballot questions they will be voting on, but here’s a synopsis:
In 1978, California voters passed a landmark property tax reform initiative that rocked the nation. At the time, property tax rates in the state were averaging 2.6% as housing prices were skyrocketing. Homeowners, particularly seniors and young families were being forced to sell their houses because they couldn’t keep up with rising taxes. Proposition 13, a citizens ballot initiative stopped the bleeding.
Prop 13 amended the state constitution, rolling back assessments to 1975 levels, capping the tax rate at 1%, and limiting increases to no more than 2% per year. It also required a two-thirds majority in both legislative houses for future increases of any state tax rates as well as a two-thirds majority for increases to local taxes.
Over the years, courts and tax-starved politicians have chipped away at Prop 13 protections. To fix that, a citizen’s ballot initiative known as the Taxpayer Protection and Government Accountability Act (TPA) has qualified for the November ballot thanks to the good work of taxpayer advocacy groups and 1.4 million registered voters who successfully qualified the initiative.
The politicians are shitting their pants. They are deathly afraid it will pass. They’ve reacted with a 2 point plan.
1. Voter Suppression. Governor Newsom and his allies in the one party state have asked the state supreme court to step in and block the initiative from appearing on the ballot.
2. Counter Measures. The state legislature and the governor have placed two counter measures on the ballot. ACA 1 eliminates a key pillar of Prop 13. Instead of a two thirds majority required for most new taxes and tax hikes under Prop 13, ACA would lower the threshold to 55%. The second measure, ACA 13, is designed specifically to prevent passage of the TPA. The governor and legislature have the right to do this and that right is not being contested. Most taxpayer advocates are confident that voters will reject these two measures and say “bring it on!”
The OpEd linked below is written by John Coupal, president of the Howard Jarvis Taxpayer Association, one of the major sponsors of the TPA. It provides a summary of why the initiative is needed and the desperate voter suppression effort of its opponents.
https://www.ocregister.com/2024/02/...ainst-the-taxpayer-protection-act-dont-stick/
In 1978, California voters passed a landmark property tax reform initiative that rocked the nation. At the time, property tax rates in the state were averaging 2.6% as housing prices were skyrocketing. Homeowners, particularly seniors and young families were being forced to sell their houses because they couldn’t keep up with rising taxes. Proposition 13, a citizens ballot initiative stopped the bleeding.
Prop 13 amended the state constitution, rolling back assessments to 1975 levels, capping the tax rate at 1%, and limiting increases to no more than 2% per year. It also required a two-thirds majority in both legislative houses for future increases of any state tax rates as well as a two-thirds majority for increases to local taxes.
Over the years, courts and tax-starved politicians have chipped away at Prop 13 protections. To fix that, a citizen’s ballot initiative known as the Taxpayer Protection and Government Accountability Act (TPA) has qualified for the November ballot thanks to the good work of taxpayer advocacy groups and 1.4 million registered voters who successfully qualified the initiative.
The politicians are shitting their pants. They are deathly afraid it will pass. They’ve reacted with a 2 point plan.
1. Voter Suppression. Governor Newsom and his allies in the one party state have asked the state supreme court to step in and block the initiative from appearing on the ballot.
2. Counter Measures. The state legislature and the governor have placed two counter measures on the ballot. ACA 1 eliminates a key pillar of Prop 13. Instead of a two thirds majority required for most new taxes and tax hikes under Prop 13, ACA would lower the threshold to 55%. The second measure, ACA 13, is designed specifically to prevent passage of the TPA. The governor and legislature have the right to do this and that right is not being contested. Most taxpayer advocates are confident that voters will reject these two measures and say “bring it on!”
The OpEd linked below is written by John Coupal, president of the Howard Jarvis Taxpayer Association, one of the major sponsors of the TPA. It provides a summary of why the initiative is needed and the desperate voter suppression effort of its opponents.
https://www.ocregister.com/2024/02/...ainst-the-taxpayer-protection-act-dont-stick/